Property score
65.0
Good
Overall 65.0 · Larger and newer than most nearby homes
980 sqft (top 24%) · Built in 2014 (40 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 26 dining spots, 1 school, 1 healthcare facility, and 4 parks nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
40 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 4%
Past 10 years Earl Grey sales snapshot (~80% of all data)
78
135k
$237/sqft
1974
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65.0 is composed by the two sections below.
Property Score
Community Score
Earl Grey
How to read: Share of sales in each ~$50k price band for “earl grey” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110414
$66K
Median household income
$84K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
39%
Single-person households
8%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1-540 Jessie Avenue — 39 amenities found within 500 m, across 6 categories, including 26 dining (nearest 129 m), 1 education (nearest 321 m), 1 healthcare (nearest 316 m).
Earl Grey · WPS public data · 2026
Annual incidents
46
2026
vs. city avg
+56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Top 17% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 980 sqft condominium at 1-540 Jessie Avenue is a modern, low-maintenance home in Winnipeg's established Earl Grey neighbourhood. Built in 2014, it stands out in the area for its newer construction, offering contemporary systems and minimal immediate repair concerns. Its appeal lies in this move-in-ready quality combined with a renovated basement, adding functional space. The unit presents a specific value proposition: while its living space and assessed value are below average for Jessie Avenue itself, they are notably above average when compared to the broader, typically older housing stock in Earl Grey. This positions it as a modern alternative within a classic neighbourhood.
It would best suit first-time buyers, downsizers, or investors seeking a relatively new property without the upkeep of a house. It’s ideal for someone who values the character and location of Earl Grey but prefers the convenience and newer build of a condo. A thoughtful perspective is that this property offers a compromise—you trade the larger square footage found in some neighbouring units for the advantages of a more recent build and a renovated lower level, which can be a prudent trade-off for those wary of aging-home maintenance costs.
Frequently Asked Questions
1. How does this condo compare in size and value to its neighbours?
While it is one of the smaller and lower-assessed units on Jessie Avenue, it is larger and has a higher assessed value than the majority of homes in the wider Earl Grey area. This highlights its position as a newer, condensed option in a neighbourhood of older, often larger houses.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the full usable living space and quality of the renovation.
3. Is this a good investment compared to an older house in the same area?
Its 2014 build date means major components like roofing, windows, and mechanical systems are likely in good condition, potentially reducing near-term capital expenditures compared to the area's average home built in 1974. This can be a significant factor for cost-conscious buyers.
4. What are the condo fees or association rules?
This information is not provided in the data. Understanding monthly fees, what they cover, and the condo corporation's rules is essential for budgeting and lifestyle compatibility.
5. Why was the last sale price so much higher than the current assessed value?
The property sold for $280,000 in 2019. The current assessed value for taxation purposes is $26,900. It's important to understand that municipal assessed value is not market value; the sale price will be determined by current market conditions, not the tax assessment.
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